American Dairy Enhances Management Team
29 January 2008 - 1:25AM
PR Newswire (US)
- Appoints Four New Senior Management Team Members - BEIJING, Jan.
28 /PRNewswire-FirstCall/ -- American Dairy, Inc. (NYSE Arca: ADY)
(the "Company"), one of the leading producers and distributors of
milk powder and soybean products in China, today announced it has
enhanced its senior management team with four new professionals to
lead sales and marketing, production, and research and development
efforts. "We welcome our new team members and look forward to their
contributions. Their proven experience in their respective fields,
and particularly at leading companies like Yili and Fonterra, will
help us further expand our business throughout China," stated Mr.
Leng You-Bin, Chief Executive Officer of American Dairy. Mr. Bo Nie
-- Group General Manager With more than 12 years of experience in
sales and marketing, Mr. Nie joined the Company from Anlac Dairy,
Fonterra Co-operative Group's ("Fonterra") joint venture in China.
Mr. Nie's work experience also includes serving as the General
Sales Manager of the milk powder products department of Inner
Mongolia Yili Industrial Group (SHA: 600887) ("Yili") from 2003 to
2006. In this position, Mr. Nie was responsible for the
implementation of Yili's sales and marketing strategy. Mr. Nie
received his Bachelor's Degree in Thermal Engineering from the
Central South University in China. Mr. Lewis (Li-Wei) Pan -- Vice
President of Sales and Marketing Mr. Pan has more than 7 years of
experience in the consumer product industry. Prior to joining the
Company, Mr. Pan worked as the Group Product Manager in Colgate
Palmolive New Zealand (NYSE:CL), where he oversaw the launch of
more than ten products in the toothbrush category. From 2000 to
2005, he held various positions in Fonterra Co-operative Group,
including Brand Manager, Project Leader and Marketing Analyst. At
Fonterra, Mr. Pan oversaw advertising and promotion activities for
brands including Fernleaf, Anlene and Chesdale, and helped grow
Fonterra's market share. Mr. Pan received his Master's Degree with
honors in Genetics from Massey University, New Zealand and his
Bachelor's Degree in Finance and Genetics from Victoria University
of Wellington, New Zealand. Dr. Tingqing Zhang -- General Manager
of Dairy Farms Dr. Zhang brings to the Company more than 20 years
of experience in the dairy industry, including expertise in modern
dairy breeding. Dr. Zhang joined the Company from Cooperative
Resource International (CRI), where he served as the Chief
Technical Expert since 2006. In this position, Dr. Zhang prepared
various mating plans using international bull data bank for CRI
customers in China and provided high genetic merit breeding embryos
for bull stations in China. In 2001, he founded America-China Dairy
Technology to advise companies in building and design of dairy
farms. He also advised the Chinese government in connection with a
variety of projects, including improving profitability for the
dairy industry, developing standard operating procedures to ensure
quality and marketability of raw milk, and establishing an
environmental protection policy for the dairy industry. From 1997
to 2001, he worked in various dairy farms in Guangzhou, China and
Minnesota, USA, with scales ranging from 400 milk cows to 2,000
milk cows. His responsibilities included managing the health,
breeding, and vaccination programs for the herd to optimize the
output. Dr. Zhang received his Doctoral Degree in Theriogenology
from College of Veterinary Medicine at University of Minnesota and
his Master's Degree in Agriculture from Northwestern University of
Agriculture in Shaanxi, China. Ms. Tianli Wang -- Manager of
Research and Development Ms. Wang brings to the Company more than
15 years of experience in dairy food technology research. Prior to
joining the Company, she worked as Project Manager in the research
and development department of Unitech Industries Ltd. In this
position, she led a variety of projects, including ultra-high
temperature (UHT) milk fortified with multiple vitamins and
minerals, infant formula and functional drinks. From 2000 to 2004,
she worked as a researcher in the research and development
department in Fonterra Co-operative Group, where she specialized in
the development of infant formula, cheese and fermented milk
products. Ms. Wang received her Master's Degree in Food Science
from University of Auckland, New Zealand and a Master's Degree in
Nutrition from Chinese Center for Disease Control and Prevention.
Ms. Wang obtained her Bachelor's Degree in Medicine from Henan
Medical University, China. About American Dairy, Inc.: American
Dairy, Inc. conducts operations in the People's Republic of China
("China") through its wholly owned subsidiary, Feihe Dairy. Founded
in 1962, Feihe Dairy is one of the leading producers and
distributors of milk powder and soybean products in China. Feihe
Dairy is located in Kedong County, China, and has been in operation
since 2001. American Dairy also has a milk powder processing plant,
BaiQuan Feihe Dairy in Kedong County, and a milk powder processing
plant in the city of QiQiHaEr, Heilongjiang Province.
http://www.feihe.com/ Certain of the statements made herein
constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
typically involve risks and uncertainties and may include financial
projections or information regarding our future plans, objectives
or performance. Actual results could differ materially from the
expectations reflected in such forward-looking statements as a
result of a variety of factors, including the risks associated with
the effect of changing economic conditions in The People's Republic
of China, variations in cash flow, reliance on collaborative retail
partners and on new product development, variations in new product
development, risks associated with rapid technological change, and
the potential of introduced or undetected flaws and defects in
products, and other risk factors detailed in reports filed with the
Securities and Exchange Commission from time to time. CONTACT In
the U.S. Integrated Corporate Relations, Inc. Investors: Ashley
Ammon MacFarlane, 203 682 8208 Media: Rich Layne, 646 277 1219 In
Asia: Xuyang Zhang: +86 10 8523 308 DATASOURCE: American Dairy,
Inc. CONTACT: Investors, Ashley Ammon MacFarlane, +1-203-682-8208,
or Media, Rich Layne, +1-646-277-1219, both of Integrated Corporate
Relations, Inc.; or Asia, Xuyang Zhang, +86 10 8523 308, all for
American Dairy, Inc. Web site: http://www.feihe.com/
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